Net Worth

I have been generating a monthly net worth report for our family for a little over nine 9 years.  I have used the reports as a personal meter to gauge how we are doing on a monthly basis.  If something is drastically different, it immediately shows up on the report and doesn't become a surprise months down the road.  Having done them for almost a decade, I can say from experience that it is a great tool to keep you continually motivated and on track with your goals.

Below is a quick snapshot of our year end reports to illustrate how far our family has come during the last 9 nine years.  Considering my wife became a stay at home mom in November 2008, I think we've done quite well since.  We are thinking of easing her back into the work force later this year so our progress should begin to really pick up some steam once she returns to the workforce.

Since we started blogging, we recently decided to post quarterly reports to update everyone on our progress. Although we do not post monthly net worth reports, you can still find out how we are doing each month through our monthly updates to our dividend stock portfolio, retirement accounts, P2P Lending accounts as well as our mortgage balance.

2016 - August 2016 Update: $682,060



 2015                     1st Quarter  : $638,340
                               2nd Quarter : $645,240
                                 3rd Quarter : $629,196
                          4th Quarter : $637,264

2014 Calendar Year - Year End : $631,657

2013 Calendar Year - Year End : $511,129

2012 Calendar Year - Year End : $439,126

2011 Calendar Year - Year End : $385,129

2010 Calendar Year - Year End : $333,240

2009 Calendar Year - Year End : $263.386

2008 Calendar Year - Year End : $213,684

2007 Calendar Year - Year End : $140,293
(Includes proceeds from selling bachelor home)

2006 Calendar Year - Year End : -$100,945

2005 Calendar Year - Year End : -$120,283

Note: please keep in mind that these year end reports, except 2007 (when we had sold our first home), do not include our home equity. Our home equity / mortgage balance is documented on a separate page.

31 comments:

  1. Wow!! Great to see your 0.5 million dollar net worth. Like me, you were in negative net worth in 2005 - 2006.

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    1. FJ - It has been a productive 9 years thanks to great family support, a few blessings, and frugal living. Especially considering 5 of those years we lived off of only one income. I can't wait until my wife re-enters the workforce...the next few years will be an even more exciting time for our family.

      Thanks for stopping by and best of luck on your journey!

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  2. It's amazing how quickly your net worth has increased. We aren't the greatest savers currently. Our expenses are way too high, so I am trying to increase our net worth on the revenue side via the stock market. At some point I need to seriously consider cutting some expenses to achieve the results you have. Good luck on your journey. I am not a dividend investor like you, but we are striving for the same goal :)

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    1. Ryan - it might be what you wanted to hear but cutting your expenses is usually a big part of the success. As you've probably heard many times before, the small sacrifices you make today is what leads to the big success later on. If it is difficult, start small...it is one way to ease yourself into the savings mode.

      Thanks for stopping by and good luck on meeting your goals!

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  3. Wow great gains years after year. grats !

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    1. Thanks - it's definitely nice to see the compounding start to take affect. We are still at least 10 years away but feel blessed to have made it this far.

      Thanks for stopping by...continue to build those assets!

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  4. Rock on! Such great progress :)

    Just added y'all onto my Blogger Net Worth Tracker. I've got another person to catch up to now! ;)

    http://rockstarfinance.com/blogger-net-worths/

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    1. Thanks for the add...your Net Worth list is a really cool feature and glad we can be a part of it.

      Please use our journey as motivation to succeed. Wishing you nothing but success in your personal journey! AFFJ

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  5. wow! your net worth is growing by 60-70K yearly. Even many DINKs do not earn that much. You rock!
    Best wishes.

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    1. Thanks for stopping by and thanks for the compliment PIMP FI. The key really is to live on less than you make and then save and invest the rest. The more you save and invest, the faster the growth. Pretty simple once you get the recipe down. :)

      Best Wishes! AFFJ

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  6. Wow.. amazing blog . its great inspiration for me to get started on my dividend account. i just took a big blow in forex . i am 29 years old, i thought it was too late to start all over again , but seeing your blog gives me confidence . wish i could see where you cut down your expense and budgeting ,that would be great guide for me . and also why do you rate seadrill stock over evep ?

    regards
    Kumar

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    1. Kumar - glad you have found inspiration from our blog. Although we don't post our expense and income data, we do strive to accomplish what many other DGI investor are after. At the end of the day, the goal should be to save and/or invest 50% of your income each and every month. As for SDRL, we do own some SDRL but we really view it as a speculative stock, definitely not a stock we plan to hang onto for the long haul. I know it could be tempting to buy SDRL at current prices, but you are getting what you pay for (high risk, high volatility). AFFJ

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    2. oops .just saw that you replied here .(forgot to check notify) . i think saving 50 percent of the income is very difficult in Germany. as the taxes with health insurance ,pension insurance ,jobloss insurance eats up nearly 35 percent of the salary . living expense is higher here. i am yet to find a European dividend guy :). so i can have a blue print in terms of budgeting.thanks again .regards Kumar

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    3. Do what you can Kumar. The point is to spend less than you earn...the greater the intensity, the quicker the results. AFFJ

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  7. Wow, those net worth gains are really good over the past couple years. I'm trying to find ways to increase my net worth as much as possible as well, I've been dipping my feet into investments as well as looking into real estate. If you want to check out my story and how I plan on getting out of 200k of debt, check me out at debt2retirement.weebly.com! Can't wait to read more blogs.

    D2R

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    1. Thanks for stopping by...hopefully our results convey to our readers that it is never too late to start. And things to get exponentially easier the longer you do it. After all, we had a negative net worth just 9 years ago! We hope to reach the $1 million milestone (excluding our home equity) in the next 4-5 years.

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  8. You have really made some fantastic progress. Looking forward to see what you do in 2015, especially if the wifey goes back to work.

    Keep crushing it!

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    1. Thanks...its hasn't been easy. Takes a lot patience but a little luck cant hurt. :) I didn't mention it on my blog because I have so much other material I wanted to cover but my wife actually started a home business last summer. It's been roughly 7 months and we are finally starting to see some fruit of her labor. Definitely looking forward to gaining more steam as our family income grows!

      Thanks for stopping by. AFFJ

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  9. You can see the compounding effect pretty well. Nice job Frugal Family.

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    1. Thanks JohnnyCa$h...since starting this blog, we've seen some huge improvements! Having some accountability definitely has proven to have a positive impact on our journey to FI.

      Thanks for visiting and for your comment. Best Wishes! AFFJ

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  10. Amazing linear growth of the net worth. Keep in mind that it is actually exponential, so that numbers will rise faster than usually expected.
    Have a nice day and take care
    EternalYield

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    1. Thanks...the exponential growth is certainly welcomed. In fact, we are starting to see the compounding effect already. With my wife not working these past few years, we haven't been able to invest as much capital as we once did but the growth seems to still occur at similar rates. Can't wait until my wife goes back into the workforce and we can go back to saving and investing with greater intensity again!

      Thanks for stopping by and commenting. AFFJ

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  11. AFFJ, You are growing your net worth at a fast clip! Keep racing, my friend.

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    1. Thanks Race2Retirement. It has been much harder with one income but glad that we continue to see growth.

      Regards, AFFJ

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  12. Wow! I'm really amazed by how much your portfolio grew. May i know how much you additional cash do you put inside your portfolio. I also just started by own dividend growth portfolio and blog. It's not doing that well at this moment since the overall market is down. Please check out my blog as well. http://www.dividendgrowthbunny.com

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    1. We don't have a set amount that we invest each month. We just save all excess cash and buy when we feel a company is worth the risk/reward. There are some months that we are very active, and others where we are not so active. We do, however, try to invest something each and every month.

      My advice for any dividend investor out there is to make sure you build a nice foundation of solid dividend payers before you decide to take on higher risk and/or chase higher yields.

      Best wishes! AFFJ

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  13. That is some very impressive net worth growth!
    Keep up the great work

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    1. Thanks you Divi Cents! Must say that our frugality and constant savings of at least 40-50% of our income is why we have seen the success that we see today. It is now pretty cool to finally see the compounding effect take place! With less effort, it seems the needle still moves at a nice pace. :)

      AFFJ

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  14. Hi Frugal Family, thank you for creating and maintaining this blog about your journey to financial freedom. What do you think about my situation? I am 32.5 years old with a fiance and no kids. My fiance is working full time. My credit card debt amounts to $275, retirement savings of $57,000 and stock portfolio worth $290,000. I earn $4200 a month from wages (after tax and retirement savings), and $1200 a month from dividends (after tax). My monthly expense is $1800. Please let me know your thoughts about my financial condition.Thank you and all the best to you and your family.

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  16. P.N. I have been saving and investing since June 2010.

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